The first rate rise in a decade was widely expected by markets.
How hedging against rising rates with credit���rather than sovereign bonds���can offer a better trade-off between liability-relative risk and return.
While no deal is not the most likely scenario in our view, the risks are rising. The UK outlook is binary. A Brexit deal could see sterling bounce to 1.40 against the dollar, but no deal on 31 October could see a further slump to 1.10.
Market sentiment towards the Chinese currency has shifted significantly
As expected, the FOMC voted to maintain the federal funds rate at a range of 1.00% to 1.25% at the November meeting, citing ���realized and expected labor market conditions and inflation��� as the driving forces behind today's decision.
David Kelly, the Fed, interest rates
A summary of the factors driving global markets over the last month.
Investors are beginning to gravitate to global real assets���real estate, infrastructure, transport and natural resources
The performance of the US dollar significantly diverged from relative rate spreads.
A summary of the factors driving global markets over the last quarter.